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Waterstone Financial, Inc. (WSBF)

Financial Services | Banks - Regional | Wauwatosa, United States | NasdaqGS
19.97 USD +0.09 (0.478%) ⇧ (Oct. 16, 2026, 12:57 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 4 a.m. EDT

Waterstone Financial presents a classic value trap scenario where attractive metrics mask deteriorating operational reality. While the stock trades at a discount to book value and offers a 3.5% yield, the business fundamentals are eroding. The company is cutting its dividend, a clear signal that management is prioritizing capital preservation over growth, and the forward P/E of nearly 19x implies the market expects earnings to nearly double, which contradicts the reported 9.5% quarterly growth and the broader trend of regional bank struggles. The recent price action shows the stock struggling to hold gains above the 200-day moving average, indicating weak momentum despite the low valuation. With no analyst coverage to provide a catalyst and a lack of institutional options interest, the path of least resistance appears to be further consolidation or decline as the market reassesses the quality of these earnings.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.036337
AutoETS0.036456
AutoARIMA0.036783
AutoTheta0.046907

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 49%
H-stat 32.46
Ljung-Box p 0.000
Jarque-Bera p 0.101
Excess Kurtosis -1.34
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-10-07
Last Dividend Date 2026-10-07
Revenue per Share 8.651
Market Cap 358,911,360
Trailing P/E 11.54
Forward P/E 19.77
Beta 0.74
Profit Margins 20.00%
Website https://www.wsbonline.com

As of Oct. 10, 2026, 4 a.m. EDT: Options activity is extremely sparse with negligible volume and open interest across all expirations. There is no meaningful positioning in either calls or puts to indicate a specific speculative bias. Implied volatility is low, suggesting a lack of anticipated near-term moves or significant hedging activity.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.87% 3.57% 4.25% 4.95%
Dividend History
Date Dividend Yield %
2026-10-08 0.17 0.868233
2026-07-08 0.17 0.878553
2026-04-08 0.17 0.926430
2026-01-08 0.15 0.892857
2025-10-08 0.15 0.997340
2025-07-08 0.15 1.080692
2025-04-08 0.15 1.219512
2025-01-08 0.15 1.186709
2024-10-08 0.15 1.088534
2024-07-08 0.15 1.181102
2024-04-05 0.15 1.335708
2024-01-05 0.15 1.083815
2023-10-05 0.15 1.420454
2023-07-07 0.20 1.380262
2023-04-06 0.20 1.356852
2023-01-06 0.20 1.158078
2022-10-06 0.20 1.215805
2022-07-08 0.20 1.175088
2022-04-08 0.20 1.084599
2022-01-07 0.70 3.215434
2021-10-07 0.20 0.977995
2021-07-09 0.20 1.030928
2021-06-10 0.50 2.496256
2021-04-09 0.20 0.959233
2021-01-08 0.20 1.058761
2020-11-30 0.30 1.707456
2020-10-08 0.12 0.730371
2020-07-10 0.12 0.883652
2020-04-08 0.12 0.900901
2020-03-10 0.50 3.067485
2020-01-09 0.12 0.650759
2019-10-10 0.12 0.700525
2019-07-11 0.12 0.710480
2019-04-11 0.12 0.737101
2019-03-20 0.50 3.069368
2019-01-09 0.12 0.715990
2018-10-11 0.12 0.722456
2018-07-11 0.12 0.693642
2018-04-11 0.12 0.693642
2018-03-08 0.50 2.906977
2018-01-11 0.12 0.679887
2017-10-11 0.12 0.618557
2017-07-10 0.12 0.643432
2017-05-10 0.50 2.631579
2017-04-10 0.12 0.672269
2017-01-06 0.12 0.650406
2016-10-06 0.08 0.473653
2016-07-08 0.08 0.514801
2016-04-08 0.05 0.363372
2016-01-07 0.05 0.360750
2015-10-07 0.05 0.368732
2015-07-08 0.05 0.380517
2015-04-08 0.05 0.390930
2015-01-08 0.05 0.384025
2014-10-08 0.05 0.418410
2014-07-09 0.05 0.446030
2014-04-09 0.05 0.490677
Additional Data
dividendRate 0.68
dividendYield 3.42
exDividendDate 2026-10-08
trailingAnnualDividendRate 0.64
trailingAnnualDividendYield 0.03220936
lastDividendValue 0.17
lastDividendDate 2026-10-08
dividendDate 2026-11-02

Info Dump

Attribute Value
52 Week Change 0.35170066
Address1 11,200 West Plank Court
All Time High 22.74
All Time Low 1.567627
Ask 25.61
Ask Size 2
Audit Risk 8
Average Daily Volume10 Day 76,120
Average Daily Volume3 Month 76,342
Average Volume 76,342
Average Volume10Days 76,120
Beta 0.743
Bid 14.46
Bid Size 2
Board Risk 3
Book Value 19.534
City Wauwatosa
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 3
Country United States
Crypto Tradeable 0
Currency USD
Current Price 19.965
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 20.16
Day Low 19.9
Display Name Waterstone Financial
Dividend Date 1,793,577,600
Dividend Rate 0.68
Dividend Yield 3.42
Earnings Growth 0.141
Earnings Quarterly Growth 0.095
Earnings Timestamp 1,784,836,800
Earnings Timestamp End 1,792,699,200
Earnings Timestamp Start 1,792,699,200
Ebitda Margins 0.0
Enterprise To Revenue 4.852
Enterprise Value 730,162,240
Eps Forward 1.01
Eps Trailing Twelve Months 1.73
Esg Populated 0
Ex Dividend Date 1,791,417,600
Exchange NMS
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.6448
Fifty Day Average Change -0.67980003
Fifty Day Average Change Percent -0.03292839
Fifty Two Week Change Percent 35.170067
Fifty Two Week High 21.66
Fifty Two Week High Change -1.6949997
Fifty Two Week High Change Percent -0.078254834
Fifty Two Week Low 14.62
Fifty Two Week Low Change 5.3450003
Fifty Two Week Low Change Percent 0.3655951
Fifty Two Week Range 14.62 - 21.66
Financial Currency USD
First Trade Date Milliseconds 1,128,519,000,000
Five Year Avg Dividend Yield 4.36
Float Shares 15,679,413
Forward Eps 1.01
Forward P E 19.767326
Full Exchange Name NasdaqGS
Full Time Employees 593
Fullday Change 0.09499931
Fullday Change Percent 0.47810423
Fullday Price 19.965
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.0
Gross Profits 150,479,008
Has Pre Post Market Data 1
Held Percent Insiders 0.1872
Held Percent Institutions 0.55627
Implied Shares Outstanding 17,977,028
Industry Banks - Regional
Industry Disp Banks - Regional
Industry Key banks-regional
Is Earnings Date Estimate 1
Language en-US
Last Dividend Date 1,791,417,600
Last Dividend Value 0.17
Last Fiscal Year End 1,767,139,200
Last Split Date 1,390,435,200
Last Split Factor 10,972:10000
Long Business Summary Waterstone Financial, Inc. operates as a bank holding company for WaterStone Bank SSB that provides various financial services to customers in southeastern Wisconsin, the United States. It operates in two segments, Community Banking and Mortgage Banking. The Community Banking segment offers consumer and business banking products and services, such as deposit and transactional solutions, such as checking, credit, debit and pre-paid cards, online banking and bill pay, and money transfer services; investable funds solutions, such as savings, money market deposits, individual retirement accounts, and certificates of deposit; residential mortgages, home equity loans and lines of credit, personal and installment loans, real estate financing, business loans, and business lines of credit; and fixed and variable annuities, insurance products, and trust and investment management accounts. It also provides transaction deposits, interest bearing transaction accounts, demand deposits, non-interest-bearing demand accounts, and time deposits; secured and unsecured lines; commercial real estate construction loans; term loans for working capital, inventory, and general corporate use; and personal term loans and investment services. The Mortgage Banking segment offers residential mortgage loans for the purpose of sale in the secondary market. It also invests in a portfolio of securities comprising mortgage-backed securities, government-sponsored and private-label enterprise bonds, collateralized mortgage obligations, municipal obligations, and other debt securities. The company was formerly known as Wauwatosa Holdings, Inc. and changed its name to Waterstone Financial, Inc. in August 2008. Waterstone Financial, Inc. was founded in 1921 and is based in Wauwatosa, Wisconsin.
Long Name Waterstone Financial, Inc.
Market us_market
Market Cap 358,911,360
Market State REGULAR
Max Age 86,400
Message Board Id finmb_3027375
Most Recent Quarter 1,782,777,600
Net Income To Common 30,098,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 365,293,208
Open 19.94
Operating Cashflow 44,744,000
Operating Margins 0.26646
Overall Risk 5
Payout Ratio 0.3584
Phone 414 761 1000
Previous Close 19.87
Price Hint 2
Price To Book 1.0220641
Price To Sales Trailing12 Months 2.3851259
Profit Margins 0.20001
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.09499931
Regular Market Change Percent 0.47810423
Regular Market Day High 20.16
Regular Market Day Low 19.9
Regular Market Day Range 19.9 - 20.16
Regular Market Open 19.94
Regular Market Previous Close 19.87
Regular Market Price 19.965
Regular Market Time 1,792,169,836
Regular Market Volume 13,918
Return On Assets 0.013350001
Return On Equity 0.08691
Revenue Growth 0.052
Revenue Per Share 8.651
Sand P52 Week Change 0.16207206
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Share Holder Rights Risk 9
Shares Outstanding 17,977,028
Shares Percent Shares Out 0.0209
Shares Short 375,057
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 432,184
Short Name Waterstone Financial, Inc.
Short Percent Of Float 0.0253
Short Ratio 3.8
Source Interval 15
State WI
Symbol WSBF
Total Cash 47,701,000
Total Cash Per Share 2.654
Total Debt 420,700,000
Total Revenue 150,479,008
Tradeable 0
Trailing Annual Dividend Rate 0.64
Trailing Annual Dividend Yield 0.03220936
Trailing Eps 1.73
Trailing P E 11.5404625
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 19.03715
Two Hundred Day Average Change 0.9278507
Two Hundred Day Average Change Percent 0.048738953
Type Disp Equity
Volume 13,918
Website https://www.wsbonline.com
Zip 53,226